By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion
News

KNEC Exam Plans in Jeopardy as KRA Probes Greek Firm Over Sh700M Tax Evasion

Last updated: May 1, 2026 9:49 am
David Osoro 2 months ago
Share
3 Min Read
SHARE

Preparations for national examinations in Kenya have been thrown into uncertainty after the Kenya National Examination Council (KNEC) became entangled in a tax evasion probe involving a Greek printing firm contracted to produce exam materials.

The firm, Inform Lykos (Hellas) SA, is under investigation by the Kenya Revenue Authority (KRA) over allegations that it under-declared invoices, leading to a potential tax loss of nearly Sh700 million.

According to reports, the company secured a Sh2.8 billion contract to print national exams under Delivery Duty Paid (DDP) terms, which required it to remit approximately Sh781 million in taxes, including VAT. However, when the materials were delivered, invoices submitted reflected a significantly lower value of about Euro 4.2 million, translating to tax payments of only Sh132 million.

Customs officials now suspect that the under-declaration may have resulted in a tax shortfall of over Sh649 million, with additional penalties likely to push the total liability close to Sh1 billion.

KRA has since launched a formal investigation, issuing a notice to KNEC requesting key documentation, including contracts, invoices, payment schedules, and delivery records dating back to January 2020. Officials from KNEC and a local logistics firm involved in clearing the materials have already been questioned as part of the ongoing probe.

Amid the unfolding scandal, KNEC is reportedly considering suspending its engagement with Inform Lykos to avoid potential disruptions in the printing of Form Four, Grade Nine, and Grade Six examinations. The council is currently consulting the Ministry of Education on the way forward.

The controversy has raised concerns about the timely preparation of national exams, with fears that legal battles or procurement delays could derail the process.

Notably, Inform Lykos previously handled the printing of Kenya’s 2022 general election ballot papers, as well as last year’s national exams, making the current allegations a significant blow to its reputation.

As investigations continue, the outcome could have far-reaching implications not only for the firm but also for Kenya’s examination system and future government procurement processes.

 

You Might Also Like

African migrants with deep roots in South Africa flee xenophobic attacks

MoH urges vigilance as Kenya at risk of Ebola infections

Alliance High Student Petitions Parliament to End Mandatory Hair Shaving in Schools

NCCK Condemns Attack on All Saints Cathedral, Demands Arrest of Sponsors

Ruto Secures Commitment for 1,000 Kenyan Seafarer Jobs in Norway by 2030

TAGGED: ballot papers printing, exam delays Kenya, government tenders Kenya, Inform Lykos, Kenya education news, Kenya exams 2026, KNEC, KRA investigation, national exams printing, tax evasion Kenya
Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article Fisherman Dies After Fight With Colleagues at Mukuyu Beach in Homa Bay
Next Article Autopsy Reveals Connie Githinji Was Assaulted Before Fatal Fall

Latest stories

  • State assures of security, ahead of June 25 planned demonstrations
  • US says Strait of Hormuz to be toll-free under Iran deal
  • African migrants with deep roots in South Africa flee xenophobic attacks
  • MoH urges vigilance as Kenya at risk of Ebola infections
  • Grace Ekirapa Opens Up on Painful Journey as a Single Mother After Split from Pascal Tokodi
  • More Women Accuse Viral Westlands Date Scandal Figure of Fraud and Deception
  • Married Man Drugged and Robbed After Inviting Two Women Home Following Night Out
  • Catholic Priest Sparks Debate After Blessing New Nightclub Along Thika Road
  • Woman Nabbed in Kimbo Over Alleged “Devil’s Breath” Perfume Scam

You Might Also Like

Court Clears Burial of Ruto Supporter Racheal Wandeto After Family Dispute

2 weeks ago

School Calendar Remains Unchanged Despite Rising Cases of Student Unrest, Says Education Ministry

2 weeks ago

ICC suspends top prosecutor after investigating misconduct allegations

2 weeks ago

Government Plans to Monetise Non-Personal Data Through New Digital Marketplace

2 weeks ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE